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Land Ahoy!

-Tehelka Bureau Though well-meaning, the new Land Acquisition Act is far from being a perfect legislation. But the urgency to amend a law even before a real field test signals a larger agenda. By all counts, this was expected. Long before he became the BJP and subsequently the nation's chosen one, Narendra Modi had made it clear that his model of development gains from the ease of doing business. Then, days ahead...

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The labour reforms we truly need -KR Shyam Sundar

-The Hindu Business Line The case against labour inspector raj is overstated. Labour courts need to be strengthened The labour reform debate in India has acquired renewed vigour under the new government. The Rajasthan and the Haryana governments have recently proposed to amend a few Central labour laws. The Ministry of Labour and Employment has also circulated labour reform proposals. The Department of Industrial Policy and Promotion has issued an "advisory" to the...

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Corruption in Indian Medicine Or ‘Overenthusiasm of the Marketing Department -Sanjay Nagral

-Economic and Political Weekly Corruption in Indian medicine is back on the front pages. One would think that there has been an abrupt spurt in corrupt practices or a major scandal. Nothing of that sort has happened. However, there have been some interesting developments for the focus to shift back to what is really a very old affliction. This is an update on recent happenings as the entrepreneurial spirit of the...

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Why FCI needs professionals to sell its foodgrains -Tejinder Narang

-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...

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The good is in the detail -S Gurumurthy

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

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